W. Promotions Limited (06867893): administration
- Status
- Administration ended
- Administration began
- 2013-08-23
- Administrators' firm
- Begbies Traynor
- Formerly
- Frank Warren Promotions Limited
- Incorporated
- 2009-04-02
- Location
- London
- Industry
- 93199 Other sports activities
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 2 Apnl 2009, and was founded by Frank Warren (“the Director”) with the purpose of promoting professtona! boxing bouts
Its the Administrators’ understanding that, the Company utilised the Director's license granted by the Bntsh Board of Boxing Control (*BBoBC’), to manage professional boxers, mainly in the UK but also globally It is understood by the Administrators that, under the BBoBC’s terms, no company could manage boxers, only a person who holds the relevant license is granted to do so The Administrators understand that, despite this, bouts could only become events through corporate entittes making the necessary arrangements and promoting the boxers
The Company granted the exclusive nghts to broadcast its boxing events to a satellite TV channel, which as noted above, was dependant on the Director's license to manage the boxers, with the backing of a corporate entity promoting the boxer(s)
Administrators' statement of proposals (2013-10-17) · Companies House register